China Rolls Out New Measures to Boost Consumption and Vitality
China’s NDRC unveils vocational training, digital & service upgrades to spark retail growth and market vitality.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
China’s NDRC unveils vocational training, digital & service upgrades to spark retail growth and market vitality.
The CPPCC Standing Committee wrapped up its 13th session, focusing on drafting China’s 15th Five-Year Plan and key priorities like digital economy integration and domestic demand.
Xizang Autonomous Region on the Chinese mainland saw urban per capita disposable income hit 55,444 yuan and rural 21,578 yuan in 2024, with annual growth of 8.5% and 9.4%.
Xizang Autonomous Region’s GDP reached 276.5 billion yuan in 2024, 154 times its 1965 value, with an average annual growth rate of 8.9%.
The People’s Bank of China has added 100 billion yuan to its relending quota to bolster flood control, disaster relief and post-disaster reconstruction in the Chinese mainland.
The “peak China” narrative misses the mark. Discover how the Chinese mainland’s pivot to quality, productivity, and innovation is reshaping its economic story.
Chinese premier Li Qiang calls for comprehensive macro policies, stronger consumption, tech-driven innovation, and high-standard opening up to keep the Chinese mainland on track for annual development goals.
Retail sales rose 3.7% and industrial output up 5.7% in July, signaling stable growth in the Chinese mainland economy.
Inner Mongolia’s eco-driven approach brings Xi Jinping’s ‘lucid waters and lush mountains’ vision to life, offering a blueprint for China’s shift to high-quality, sustainable growth.
China’s State Council Information Office detailed new interest subsidies for personal loans and service sector financing, aiming to boost consumption and support businesses.